Tax time warning from the ATO
The Australian Taxation Office (ATO) is warning Australians to stop claiming private expenses as work related on their tax returns. In 2024 more than 10 million people claimed […]
Tax Deduction
ATO interest no longer deductible
We all know we get to claim any interest we have paid to the ATO for outstanding debt as a tax deduction. However, from 1 July 2025 you […]
When is a Donation Deductible?
To claim a deduction for a donation, you must be the person that gives the donation and it must meet the following 4 conditions: It must be made […]
Claiming a tax deduction for motor vehicle expenses
Did you know you can claim a tax deduction on a secondhand car … even if it’s financed? A financed second hand car is treated exactly the same […]
It can’t be that time again?
I’m sure as you age time passes more quickly. It certainly seems 30 June comes around quicker and quicker each year. As usual at this time of the year….
Thinking of investing in your employees? It’s not too late!
Several studies have shown that investing in people is profitable. A study conducted by The Census Bureau for the Federal Department of Education revealed….
Can I claim this?
When it comes to claiming deductions for expenses in your Tax Return we usually go through a check list and ask you several questions regarding….
No, you can’t claim that!
Have you ever wondered what some of the more unusual tax deduction requests are? Trust me, we’ve heard a few. Obviously we’ve kept names out….
Is It Food And Drinks Or Entertainment?
Are you claiming legitimate deductible food and drink expenses or are you providing non-deductible entertainment? Unsure? Read on…
Working From Home Deductions 2023
The Australian Taxation Office (ATO) has refreshed the way that taxpayers claim deductions for costs incurred when working from home. The changes better reflect….